The story of this market
The typical home in ZIP 50630 sells for about $254,000, or $125 per square foot.
Prices are up +30.93% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $730 a month.
ZIP 50630 — Fredericksburg
The Grundy Center housing market is characterized by low inventory and rising prices, reflecting a tight supply-demand balance. While the market remains accessible compared to larger metros, the significant year-over-year price growth indicates increasing competition for limited available stock.
This ZIP is well-suited for families and individuals seeking a quiet, affordable small-town lifestyle with a strong sense of community.
Median prices moved up 30.9% year over year.
Homes spend a median of 82 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.6% · poverty 8.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50638, Grundy County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Grundy Center Community School District, which maintains a small-town educational environment.
The local economy is anchored by agriculture and small-scale manufacturing, with steady development focused on maintaining the historic downtown core.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Residents primarily rely on personal vehicles for commuting, with access to regional highways connecting to larger employment hubs like Waterloo and Cedar Falls.
The area features local parks, community sports facilities, and proximity to rural outdoor recreation, with basic shopping and dining located in the historic downtown.
The rental market is limited, consisting primarily of small multi-family units and single-family home rentals with low vacancy pressure.
The economy is driven by the agricultural sector, local government services, and small-scale manufacturing.
Transportation is primarily highway-based, with no major public transit infrastructure serving the area.
Development is focused on small-scale residential and commercial infill within the city limits.
The Grundy County Assessor manages property valuations for tax purposes.
Parcels are subject to Grundy County and Grundy Center Community School District levies.
Standard property insurance coverage is available, with premiums influenced by regional weather patterns.
Data retrieved from data.census.gov ZCTA 50638 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
The central commercial district featuring local businesses and historic architecture.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.